The Boeing Company

Boeing is the world's largest aerospace company, with activities in commercial jetliners, military aircraft, and satellites. In addition, the company is a market leader in missile defense,
manned space flight, and launch services. Boeing ranks number two, behind Lockheed Martin, in terms of U.S. federal prime contracts.

Reports on this and additional companies are contained in our Defense & Aerospace Companies Series,
Volume I and
Volume II.
Volume I covers over 50 U.S. and Canadian primes and their subsidiaries. Volume II covers over 60 top companies in Europe, Asia, and the rest of the world.

This service includes coverage of over 100 key U.S. and Canadian primes and their subsidiaries. Each of the 45+ reports contains data on recent programs, mergers, and joint ventures. Among the notable corporations covered are OEMs such as Boeing, Lockheed Martin, Bombardier, Raytheon, and General Dynamics. Also featured are Tier I and Tier II contractors such Pratt & Whitney, Honeywell, Parker Hannifin, and Rockwell Collins.s.

This service includes coverage of over 90 top companies and subsidiaries outside North America, with a focus on key players in Europe and Asia. Each of the volume's 55+ reports contains data on recent programs, mergers, and joint ventures. Among the notable corporations
covered are OEMs such Airbus, Aviation Industry Corporation of China (AVIC), BAE Systems, and Embraer. Also featured are Tier I and Tier II contractors such as Rolls-Royce, Hanwha, Rafael, RUAG, and IHI Corporation.

Nearly 7,000 individual aerospace & defense contractors are cataloged, broken out by major market segment such as Aviation, Military Electronics, Naval, Power, Space, and Weapons.
Further, this product cross-references more than 2,000 firms by specific components and subcomponents.

Budget transparency is becoming a priority in nations throughout the world. Open-source information on both planned military procurements and RDT&E projects is being released like
never before. This unique online service provides the budget outlook for some 120 countries, along with five-year forecasts.

This service covers more than 120 countries in six major regions. Each military force structure report features an in-depth description of the command and authority structure at senior
level, manpower summaries by service, and a highly detailed military equipment inventory ranging from aircraft and ships to armored vehicles, ordnance & small arms, and military
electronics.

Navigating the massive U.S. defense budget can be a daunting task. Yet staying apprised of the needs and wants of both the Department of Defense and Congress is critical for developing a successful market planning strategy. Time is valuable, and your organization deserves a tool
that can quickly give you the data you need. Forecast International's U.S. Defense Budget Forecast product is a comprehensive acquisition database that makes it easy for you to track the flow of U.S. military spending and to identify future opportunities and risk.

Airbus was launched to provide a European base through which non-U.S. companies could compete in the international commercial aircraft industry against the powerhouses of the
United States. Since its formation, the company has grown through the assimilation of the aerospace and defense-related operations of its three founding members: Aerospatiale Matra of
France, Construcciones Aeronáuticas (CASA) of Spain, and DaimlerChrysler Aerospace of Germany. Today, the company ranks as the world's second-largest aerospace company
(behind Boeing) and the largest in Europe.

AVIC leads China's ambitions to become a third major aerospace manufacturer behind Airbus and Boeing. AVIC focuses primarily on the development, manufacture, sales, and service of
military and civil aircraft, engines, airborne equipment, and weaponry systems.

Cobham plc designs and manufactures equipment, components, and specialized systems for the aerospace, defense, communications, law enforcement, and national security markets.
The company also operates, maintains, and modifies aircraft, particularly in relation to special mission flight operations.

As a defense contractor, Cubic focuses on training systems, mission support, and communications and electronics. The company's sales growth over the past few years is attributed to
both strategic acquisitions and key contract wins in the defense and transportation system segments.

Elbit Systems specializes in the development and manufacture of avionics systems, electro-optics, computer products, medical systems, and telecommunications equipment. While Elbit is a
major supplier to the Israel Defense Forces (IDF), Elbit Systems products are used on a wide range of platforms around the world. The company has become a top international defense
firm, thanks to intensive management that has capitalized on emerging markets and a solid merger and acquisition strategy.

General Dynamics is active in the fields of aviation, mission-critical information systems and technologies, shipbuilding and marine systems, and land and amphibious combat systems.
The company supplies sophisticated defense systems to the United States and its allies, and is a major producer of business jets through its Gulfstream subsidiary.

General Electric is a conglomerate whose aerospace operations are concentrated in its GE Aviation unit. GE Aviation is one of the world's leading manufacturers of large jet aircraft engines,
along with Pratt & Whitney and Rolls-Royce. GE offers products and services for commercial, corporate, military, and marine applications.

Hanwha is a multisector conglomerate with diversified holdings stretching from explosives (the company's original business) to retail and financial services. The company has become South
Korea's largest defense contractor via acquisitions of Doosan DST and Samsung Techwin.

Reports on this and additional companies are contained in our Defense & Aerospace Companies Series,
Volume I and

Harris maintains a broad and balanced communications-oriented business base. Through its 2015 merger with Exelis, Harris' product line now provides a broad range of communications, C4I, and other specialized equipment not only to its key customer, the U.S., but also to a variety of international clients.

The state-owned Hindustan Aeronautics Ltd (HAL) designs, manufactures, and assembles aircraft, jet engines, and helicopters, as well as their components and spares. HAL is the dominant
aerospace contractor in India, as well as one of Asia's largest aerospace companies.

The Kaman Aerospace segment produces and markets proprietary aircraft bearings and components; complex metallic and composite aerostructures for commercial, military, and
general aviation aircraft; fuzes for missile and bomb systems; and the K-MAX manned and unmanned medium- and heavy-lift helicopters.

Kawasaki Heavy Industries is the second-largest aerospace manufacturer in Japan and one of the country's key manufacturers of aviation equipment, including fighter and trainer aircraft,
helicopters, space systems, and advanced transports. It also provides the Japanese military and civilian sectors with aviation propulsion systems as well as gas turbines for industrial power
generation.

Korea Aerospace Industries Ltd was formed when the Korean government decided (with a little help from the International Monetary Fund) that a single entity was needed to consolidate the major aerospace operations of Samsung, Hyundai, and Daewoo. KAI covers most of the government's aerospace projects, including the exclusive production of all military aircraft and commercial helicopters.

Since its formation in 1997, L3 Technologies has made a number of acquisitions that have strengthened and expanded the company's presence in several of its markets. The
acquisitions, which focus on building market share in the defense, security, satellite, and medical industries, complement L3's existing core defense operations and help the company
enter new segments.

Leonardo, formerly Finmeccanica, is the Italian defense company. Aerospace and defense systems account for a majority of the company's revenues, with the remainder provided by the information technology services, energy, and transportation divisions.

As the world's largest defense contractor, Lockheed Martin researches, designs, manufactures, operates, and sustains advanced technology systems, products, and services. Through
four principal business segments – Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems – the company serves customers in domestic and international
defense and civil markets, with its principal customers being agencies of the U.S. government.

MHI currently provides a broad range of products, including ships, steel structures, power systems, air conditioners, machinery for industrial and general use, aerospace systems, and
more. As has been the case for more than 50 years, MHI stands unchallenged as Japan's largest defense contractor.

As one of the world's top defense companies, Northrop Grumman is composed of three operating divisions: Aerospace, which produces manned and unmanned aircraft, spacecraft, high-energy laser
systems, microelectronics, and other systems; Mission Systems, focused on advanced electronic and maritime systems; and Technology Services, which provides full life-cycle logistics,
infrastructure, and sustainment support.

Orbital ATK was formed in February 2015 from two legacy operations: Orbital Sciences, which specialized in satellites, launch vehicles, and spacecraft; and ATK, which focused on solid
rocket boosters and ammunition. The merger between Orbital and ATK has created a diversified entity that is expected to maintain its position in the defense market while extending its
presence in the commercial space industry.

Raytheon provides state-of-the-art electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and C3I systems, as well as a wide range of mission
support services. The company's key markets are defense, civil government, and cybersecurity. Raytheon's operations are focused on four business areas: Integrated Defense Systems;
Missile Systems; Space and Airborne Systems; and cybersecurity via Forcepoint.

Rolls-Royce is a major gas turbine engine producer for the civil and military aerospace and industrial power systems markets. In addition, the company offers ship propulsion design and
equipment and integrated systems solutions for most types of naval vessels. Through its nuclear segment, Rolls-Royce manages all aspects of nuclear plant design, manufacture, and
through-life support for naval and electrical generation.

COMAC was created to be the focus of China's commercial aviation ambitions. It works closely with the Aviation Industry Corporation of China (AVIC), from which it derived most of its
operations. These firms are part of China's overall effort to develop its aviation sector and reduce its dependence on Airbus and Boeing, and eventually compete against them.

United Aircraft Corporation (UAC or OAK) is Russia's attempt at creating a huge, vertically integrated aerospace corporation. Under its aegis are such storied firms as Sukhoi, Ilyushin,
RAC MiG and Tupolev. The firm has struggled to combine the disparate entities of Russia's aerospace industry into a cohesive whole. While the firm still has a way to go, it has made
substantial progress. The company is active in both military and civil aircraft production.

– UTC conducts its business through four principal operations. Two serve the aerospace and defense markets: Pratt & Whitney (commercial and military jet engines) and UTC
Aerospace Systems (components for commercial, regional, corporate, and military aircraft). The other two operations, Otis and UTC Climate, Controls & Security, serve commercial
customers.

by C. Zachary Hofer, Electronic Systems Analyst, Forecast International. On July 30, the Japanese Ministry of Defense announced that it had decided to procure Lockheed Martin’s radar over rival Raytheon’s to equip two AEGIS Ashore installations. AEGIS Ashore is a U.S. military … Continue reading →

Trump Administration Moves Space Force Plans Forward

Monday, August 13, 2018

by Bill Ostrove, Space Systems Analyst, Forecast International. With a speech by Vice President Mike Pence, along with an interim report issued by the Pentagon, the U.S. government has begun laying out its plan to create a Space Force as a … Continue reading →

Thales Gains Back Market Share with New Radio Contract

Thursday, August 9, 2018

by Greg Giaquinto, Electronic Systems Analyst, Forecast International. Thales has been awarded a $37 million contract from the U.S. Army to equip the new rapidly deployable security force assistance brigades (SFABs) with the PRC-148C Improved Multiband Inter-Intra Team Radio (IMBITR), … Continue reading →

Microturbines: Back to Normalcy?

Tuesday, August 7, 2018

by Carter Palmer, Power Systems Specialist, Forecast International. Electricity has long been produced by large plants that distribute power over vast distances. But a small but significant trend has emerged whereby end-users are looking at other, smaller options. Distributed generation is a … Continue reading →

Boeing Increases Production and Insourcing Efforts as Backlog Rises

Monday, August 6, 2018

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. The market for large commercial transports continues to rise following a brief downtick in 2015-2016. At the 2018 Farnborough Airshow, both Airbus and Boeing generated an impressive number of orders … Continue reading →

by Greg Giaquinto, Electronic Systems Analyst, Forecast International. The Joint Tactical Networking Center (JTNC) was created following the cancellation of the Joint Tactical Radio System (JTRS) program. The U.S. Department of Defense needed an entity to store the software communications … Continue reading →

After Counterinsurgency Victory, Syria Looks to Rearm

Monday, July 30, 2018

by Derek Bisaccio, International Military Markets Analyst, Forecast International. More than seven years after domestic protests broke out against the Syrian government and President Bashar al-Assad, the Syrian military, with Iranian and Russian backing, has achieved victory over insurgent forces. Pockets … Continue reading →

Congress Releases FY19 Defense Policy Bill

Friday, July 27, 2018

by Shaun McDougall, Military Markets Analyst, Forecast International. U.S. House and Senate lawmakers completed the conference markup of the FY19 defense authorization bill on July 23. The defense policy bill adheres to the spending levels agreed upon in the bipartisan budget act, … Continue reading →

President Trump Touts an Air Traffic Control System that Is Similar to Canada’s

Thursday, July 26, 2018

by Greg Giaquinto, Electronic Systems Analyst, Forecast International. U.S. President Donald Trump wants to relinquish America’s air traffic control (ATC) system to a private, nonprofit entity with its own board comprising airlines, unions, airports, and federal officials, according to Wired. … Continue reading →